NFT Gaming is approved to be listed on NASDAQ and plans to raise US $7 million through IPO

It is reported that NFT Gaming, a digital game development company, has announced that the company has been approved to list its common shares on the NASDAQ capital market. The trading code of its common shares is NFTG. 1686747 shares of common shares are issued for the initial public offering at a price of $4.15 per common share, and the total income is about $7 million. The transaction is expected to start on February 15, 2023, but the final approval of NASDAQ is required.

Interpretation of this information:

NFT Gaming has recently announced that it has received approval to list its common shares on the NASDAQ capital market. The company is known for developing digital games and has become quite popular in recent years. As part of its initial public offering, NFT Gaming has issued 1,686,747 common shares at a price of $4.15 per share. This has resulted in a total income of approximately $7 million.

The announcement of NFT Gaming’s approval to list its shares on the NASDAQ capital market is a significant achievement for the company. This move will enable the company to expand its reach and create more opportunities to drive growth. The NASDAQ capital market is one of the largest stock exchanges globally, offering NFT Gaming access to a wide range of investors and markets.

NFT Gaming’s initial public offering is also an excellent opportunity for individual investors to diversify their portfolios. The company’s focus on digital gaming and the growing popularity of NFTs makes it an attractive investment prospect. The pricing of the common shares is also reasonable, which is likely to attract many investors.

However, it is essential to note that the transaction is subject to NASDAQ’s final approval. In other words, there is a slim chance that the transaction may not go through, which would be a significant setback for the company. Nonetheless, the fact that NFT Gaming has come this far is impressive and highlights its potential to succeed in the digital gaming industry.

In summary, NFT Gaming’s approval to list its shares on the NASDAQ capital market is an encouraging development for the company and its potential investors. The company’s initial public offering is an excellent opportunity for investors to diversify their portfolios and tap into the growing digital gaming market. The three keywords that summarize this content are NFT Gaming, NASDAQ, and Initial Public Offering (IPO).